800 Lakestone Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Aug 7, 2025 | Listed | $4,150,000 | |
| Listed | |||
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Discover REFINED LUXURY and MODERN CONVENIENCE in this EXQUISITE RESIDENCE, nestled on a RARE, HEAVILY WOODED .87-ACRE LOT in one of Raleigh's MOST PRESTIGIOUS NEIGHBORHOODS—just STEPS FROM UPSCALE SHOPPING, FINE DINING, AND ENTERTAINMENT at NORTH HILLS.
Designed for SOPHISTICATED LIVING and effortless entertaining, the home showcases a SPRAWLING OPEN-CONCEPT KITCHEN AND LIVING AREA, anchored by a GOURMET CHEF'S KITCHEN with an adjacent SCULLERY for seamless hosting. Every detail has been curated for elevated daily life.
The RESORT-STYLE BACKYARD is a true sanctuary—featuring a HEATED POOL with a THERMAL COVER, a LUXURIOUS SPA, and an EXPANSIVE VERANDA with FIVE-ZONE PHANTOM SCREENS, offering year-round indoor-outdoor living. A PRIVATE FITNESS ROOM with a DRY SAUNA overlooks the pool, creating a PERSONAL WELLNESS RETREAT right at home.
The LAVISH PRIMARY SUITE offers the ultimate indulgence, with a SPA-INSPIRED BATHROOM boasting HEATED FLOORS and a GRAND WALK-IN SHOWER designed to rejuvenate.
In 2024, the home was expanded to include a GENEROUS BONUS ROOM, an ADDITIONAL BEDROOM, and FULL BATHROOM—ideal for MULTI-GENERATIONAL LIVING or GUEST ACCOMMODATIONS.
Cutting-edge technology meets peace of mind with a FULL-HOME GENERATOR, CONTROL4 SMART HOME AUTOMATION, and a COMPREHENSIVE SECURITY SYSTEM—all thoughtfully integrated for effortless control and comfort.
800 LAKESTONE DRIVE is more than a home—it's a STATEMENT OF STYLE, a PRIVATE RETREAT, and a GATEWAY TO THE BEST OF RALEIGH LUXURY LIVING
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| Jun 10, 2025 | Listed | $4,200,000 | |
| Listed | |||
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Experience timeless elegance in the heart of Midtown Raleigh. Nestled on a private, serene and beautifully landscaped .87-acre lot in the coveted Lakestone neighborhood, this 6200 sq ft custom estate—crafted by renowned architect Carter Skinner and built by the esteemed Williams Realty & Building Co.—offers a rare blend of architectural excellence, everyday comfort, and exceptional indoor-outdoor living.
From the moment you step inside, you're welcomed by sun-drenched spaces, soaring ceilings, and an open-concept floor plan designed for effortless entertaining. The gourmet kitchen flows into a gracious family room with a dramatic stone fireplace, all framed by a wall of wood-framed accordion glass doors that open to the rear veranda—seamlessly connecting interior elegance with the lushly screened outdoor oasis beyond.
The Primary Retreat is a destination unto itself—designed for relaxation and restoration. Enjoy a large masonry fireplace, an attached private fitness room with sauna, and a spa-inspired bath featuring an oversized walk-in shower and generous dressing space.
Step outside to your own backyard paradise. The expansive veranda—with motorized retractable screens, a built-in grill, and a third stone fireplace—overlooks a heated saltwater pool and spa, creating a resort-like setting for year-round enjoyment and unforgettable gatherings.
This is more than a home—it's a legacy property in one of Raleigh's most prestigious enclaves, just minutes from North Hills, Five Points, and the vibrant core of Midtown.
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| Feb 28, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Hodge & Kittrell Sotheby's Int | $3,750,000 | |
| Listed by Hodge & Kittrell Sotheby's Int | |||
| Jun 1, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017